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See how verdicts work2-bedroom flat · DH4 6QL
Listing removedReduced £3k (−3.2%) on 7 JulListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This neutrally decorated two-bedroom flat is offered **for sale** in Rainton Gate, providing an appealing option for first-time buyers, investors, couples or those seeking university accommodation.
The property features an open-plan reception room, a modern kitchen with built-in appliances, two double bedrooms and a bathroom with a white suite.
It also benefits from an EPC rating of C and falls within Council Tax Band B. Situated in Houghton-le-Spring, the flat enjoys excellent views and convenient access to local amenities.
Houghton town centre offers supermarkets, independent shops, cafés and everyday services, while nearby parks and open spaces provide opportunities for walking and leisure.
Transport links are a key advantage of this location. The property offers good road access to the A690, A19 and A1(M), connecting to Durham, Sunderland and Newcastle.
Durham is typically around 15–20 minutes away by car, Sunderland around 20 minutes and Newcastle approximately 30 minutes, making the flat a practical base for commuting to major employment and university centres.
Regular bus services run through Houghton-le-Spring towards Durham, Sunderland and surrounding areas, supporting those who rely on public transport.
Local schools and colleges in and around Durham and Houghton-le-Spring, as well as easy reach of universities in Durham and Sunderland, enhance the property’s appeal for both owner-occupiers and buy-to-let investors.
Overall, this two-bedroom flat combines practical internal accommodation with strong regional connections.
Communal Entrance Via Intercom system Hallway Built-in storage cupboard Living Room/Kitchen (6.7m x 3.8m (21'11" x 12'5")) Double glazed bay window and double glazed window to rear.
Wall mounted electric fire.
Range of base, wall and drawer units complementing heat resistant work surfaces incorporating 1 1/2 bowl stainless steel sink unit, four ring electric hob with oven below and filter hood above, integrated washer/dryer, spotlights, radiator Bedroom One (4.1m x 2.82m (13'5" x 9'3")) Double glazed window, radiator Bedroom Two (4.1m x 2.4m (13'5" x 7'10")) Double glazed window, radiator Bathroom Double glazed window.
White suite comprising of paneled bath with shower over, concealed flush WC and wash basin built into vanity unit, radiator Externally Allocated parking for residents and guests at the front of the building, bin store.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11, Lambton View, Houghton Le Spring
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